Projected Income Statement: Inpex Corporation

Forecast Balance Sheet: Inpex Corporation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 943,981 1,051,868 978,449 1,042,418 855,832 557,258 286,792 6,566
Change - 11.43% -6.98% 6.54% -17.9% -34.89% -48.54% -97.71%
Announcement Date 2/12/20 2/10/21 2/9/22 2/9/23 2/13/24 - - -
1JPY in Million
Estimates

Cash Flow Forecast: Inpex Corporation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 109,737 164,784 171,282 314,870 335,100 369,182 367,868 372,868
Change - 50.16% 3.94% 83.83% 6.42% 10.17% -0.36% 1.36%
Free Cash Flow (FCF) 1 -14,010 128,131 274,175 225,710 453,030 376,868 297,695 311,161
Change - -1,014.57% 113.98% -17.68% 100.71% -16.81% -21.01% 4.52%
Announcement Date 2/12/20 2/10/21 2/9/22 2/9/23 2/13/24 - - -
1JPY in Million
Estimates

Forecast Financial Ratios: Inpex Corporation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 63.43% 54.8% 63.79% 66.2% 63.48% 69.28% 68.18% 69.56%
EBIT Margin (%) 49.86% 32.23% 47.47% 53.62% 51.48% 53.07% 49.85% 51.15%
EBT Margin (%) 51.03% 8.74% 51.71% 60.76% 57.91% 55.67% 52.38% 53.87%
Net margin (%) 12.35% -14.49% 17.92% 18.85% 14.86% 16.6% 15% 15.42%
FCF margin (%) -1.4% 16.62% 22.03% 9.71% 20.93% 16.75% 14.75% 15%
FCF / Net Income (%) -11.34% -114.71% 122.92% 51.5% 140.82% 100.89% 98.33% 97.33%

Profitability

        
ROA 2.56% -3.56% 4.56% 25.19% 19.28% 5.74% 4.66% 4.67%
ROE 3.77% -3.9% 7.6% 12.7% 8% 8.7% 6.82% 6.8%

Financial Health

        
Leverage (Debt/EBITDA) 1.49x 2.49x 1.23x 0.68x 0.62x 0.36x 0.21x 0x
Debt / Free cash flow -67.38x 8.21x 3.57x 4.62x 1.89x 1.48x 0.96x 0.02x

Capital Intensity

        
CAPEX / Current Assets (%) 10.97% 21.37% 13.76% 13.54% 15.48% 16.41% 18.23% 17.98%
CAPEX / EBITDA (%) 17.3% 39% 21.58% 20.46% 24.39% 23.68% 26.74% 25.85%
CAPEX / FCF (%) -783.28% 128.61% 62.47% 139.5% 73.97% 97.96% 123.57% 119.83%

Items per share

        
Cash flow per share 1 177.5 200.6 294 534.8 495.5 489 480 503.8
Change - 13.02% 46.57% 81.88% -7.35% -1.31% -1.84% 4.96%
Dividend per Share 1 30 24 48 62 74 85.4 90.28 94.78
Change - -20% 100% 29.17% 19.35% 15.4% 5.72% 4.98%
Book Value Per Share 1 2,082 1,874 2,253 2,892 3,345 3,544 3,763 3,998
Change - -10.01% 20.23% 28.35% 15.67% 5.93% 6.19% 6.26%
EPS 1 84.61 -76.5 153.9 320.7 248.6 298 247.5 264.5
Change - -190.41% -301.14% 108.42% -22.5% 19.91% -16.96% 6.89%
Nbr of stocks (in thousands) 1,460,202 1,460,205 1,386,518 1,305,994 1,258,244 1,197,663 1,197,663 1,197,663
Announcement Date 2/12/20 2/10/21 2/9/22 2/9/23 2/13/24 - - -
1JPY
Estimates
2024 *2025 *
P/E ratio 6.25x 7.53x
PBR 0.53x 0.5x
EV / Sales 1.24x 1.25x
Yield 4.58% 4.84%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
1,863.50JPY
Average target price
2,236.00JPY
Spread / Average Target
+19.99%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. 1605 Stock
  4. Financials Inpex Corporation